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Test 1 Review - Test 1 Review Material Chapter1 Chapter2...

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Test 1 Review
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Material Introduction to Entrepreneurship Chapter 1 Opportunity Recognition Chapter 2 Feasibility Analysis Chapter 3 Market Analysis Chapter 3 and slides
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Introduction Individuals who recognize and act on  opportunities where others see chaos,  confusion, problems or nothing at all.
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Build a team Build a team Develop a Business  Develop a Business  Model Model The Entrepreneurial Process Recognize and  Recognize and  opportunity opportunity Evaluation Evaluation Write a Business Plan Write a Business Plan Get to work! Get to work!
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Opportunity Recognition Chapter 2
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Ideas? An idea is a thought, impression or notion. Opportunities are: Attractive Timely Durable Anchored in a product/service
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What is an Opportunity? Problem Problem Solution Solution e Opportunity Gap
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Sources of Ideas Trends Unexpected Occurrences Incongruities Process Needs Demographic Changes Knowledge Based Concepts
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The Creative Process
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